haho.ca
$2,190,000
For sale

292 Marina Road, Rideau Lakes - Business for Sale

292 Marina Road, Rideau Lakes, Ontario, K0G1E0

6,336 ft²Listed 226 days ago
Overview

This business in Rideau Lakes is for sale offering roughly 6,336 sq ft of space.

Description

Investment opportunity on the Heritage Rideau Canal System! Welcome to the Indian Lake Marina and Campground. This well-established business has 550' of deep, clean shoreline and is nestled in the trees with 26 acres of prime commercially zoned waterfront land. This gorgeous property not only has a full marina but offers a perfect getaway for the outdoorsy camper, fisherman and boater. There are three large dock sections with 80 slips available to rent. The main dock framework is constructed out of steel and the decking is pressure treated lumber. These docks have been updated recently and are in great shape with mainly seasonal boat slips rented. Down at the lakeside there is a convenience store with an LCBO location where boaters can find ice, water, clothing, camping/boating supplies as well as very popular scooped ice cream. There is a modern fuel system and a galvanized trailer septic pump out system attracting many Cruisers traveling the Rideau System. This location is a favourite stopover for 2 popular boating routes; 'The Great Loop' and the 'Montreal to Ottawa Loop'. Servicing and winter boat storage can be accomplished within the 6000 sq.ft building or outside with a capacity of 100+ spots. There are 18 RV/trailer sites on the property with electricity and water with room for expansion. There are also 2 tent sites in a remote setting. Included are 3 RV/trailers available for use or rentals. There are updated showers, park-wide WiFi and video security. This could be your next great investment and chance to operate your own business on a beautiful lake in the heart of the Rideau Canal System or a completely new endeavour! (id:66096)

Property Details

MLS®
X12908132
Property Type
Business
Zoning
CT
Interior Size
6,336 ft²
Lot Size
26 acres
Frontage
555 ft
Heating
No heat
Cooling
None
Waterfront
Yes
Property Tax
$7,660.71/yr
Listed
226 days ago

Features

Lot Features
Irregular lot size

Services

Water
Drilled Well
Sewer
Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
226d
Rideau Lakes listings, avg age
132d
Price / ft²
$346
List price
$2.19M

Long Listed: 226 days on market, against an average age of 132 days across the listings currently for sale in this city

Homes here sell below asking price

Homes in this market sold for an average of 94.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This business in Rideau Lakes is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE · TAMMY GURR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0G)

This home lists at $2,190,000, about 23.3× the local median household income of $94,000.

Carrying it typically needs a household income of about $427,784 (20% down, 25-yr amortization, stress-tested) — roughly 355% above the area median.

Median household income
$94,000
Population
39,862
Median age
50.4
Owner / renter
88% / 12%
Avg. household size
2.4

Source: Statistics Canada, 2021 Census (FSA K0G)

$2,190,000· $346/ft²
For sale

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Financing

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$2,190,000

Rideau Lakes

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